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Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
“This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” he posted on Truth Social. Continue Reading Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
“This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” he posted on Truth Social. Continue Reading Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
Sterling Organization Acquires Connecticut Shopping Center
Sterling Organization, a private equity real estate investment firm headquartered in West Palm Beach, Florida, has acquired Bristol Plaza, a 263,000 square-foot, grocery-anchored shopping center in Bristol, Connecticut. The property is anchored by the Stop & Shop...
Judge Halts Trump Efforts to Block CFPB Funding
A federal judge with a track record of ruling against the Trump administration’s actions on the Consumer Financial Protection Bureau (CFPB) has issued a new ruling blocking the White House attempt to stop funding the agency. CBS News reports US District Judge Amy...
New Reports Detail How LA Wildfires Changed Local Housing Market
As the first anniversary of the Los Angeles County wildfires approaches, two new data reports offer an overview of the catastrophe’s impact on the local housing market. Redfin reports real estate investors are buying roughly 40% of the land selling in areas impacted...
NEWS & CURRENT EVENTS
Modular Housing Provider Boxabl Receives California License as ‘Commercial Modular Manufacturer’
This development follows the company’s ongoing progress toward its proposed merger with FG Merger II Corp. Continue Reading Modular Housing Provider Boxabl Receives California License as ‘Commercial Modular Manufacturer’
Mortgage Application Activity Down by 5%
Among the federal programs, the FHA share of total applications increased to 20.8% from 19.5% the week prior. Continue Reading Mortgage Application Activity Down by 5%
Japan’s Sapporo Real Estate Sold to KKR-Led Venture for $3 Billion
Following the transaction, Sapporo Real Estate will become an independent company. Continue Reading Japan’s Sapporo Real Estate Sold to KKR-Led Venture for $3 Billion
Ohio Phone Scammer Targeting Realtors with Phony Jury Duty Calls
The Lucas County Clerk’s Office issued a statement that they never contact citizens regarding missed jury duty. Continue Reading Ohio Phone Scammer Targeting Realtors with Phony Jury Duty Calls
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Cash-Strapped Filmmaker Coppola Puts Landmark San Francisco Building Up as Collateral
The Sentinel Building, also known as the Columbus Tower, was completed in 1907. Continue Reading Cash-Strapped Filmmaker Coppola Puts Landmark San Francisco Building Up as Collateral
Trump Says He Made His Pick for Next Fed Chairman
Trump said, “I know who I am going to pick, yeah. We’ll be announcing it.” Continue Reading Trump Says He Made His Pick for Next Fed Chairman
Hits and Misses for the Real Estate Week of Nov. 24-28
Thought leaders saying the right thing, revenge seekers doing the wrong thing, and a new movie and book worth pursuing. Continue Reading Hits and Misses for the Real Estate Week of Nov. 24-28
2 Mexican Nationals Arrested for Fraudulent Home Sales
Victor Hugo Villalobos Almazan and Nayeli Noemi Montoya Rodriguez pretended to be the owners of vacant or undeveloped plots of real estate. Continue Reading 2 Mexican Nationals Arrested for Fraudulent Home Sales
Detroit City Council Approves New 15,000-Seat Stadium
The Detroit City Council approved the proposal by the Detroit City Football Club's (DCFC) to construct a 15,000-seat stadium and other community projects in Southwest Detroit. CBS News reports the DCFC will build a 421-parking deck and 76-unit apartment building of...
New ‘Mansion Tax’ Coming to England
Tens of thousands of properties could be impacted by this new tax, with most of the residences located in London. Continue Reading New ‘Mansion Tax’ Coming to England
Santa Fe to Link Minimum Wage Increases to Housing Affordability
Santa Fe’s minimum wage will rise to $17.50 in 2027. Continue Reading Santa Fe to Link Minimum Wage Increases to Housing Affordability
Tech Trends: New Book Details How Real Estate Agents Can Embrace AI
Kevin Hawkins talks about his new book “The Real AI Guide for Real Estate Agents.” Continue Reading Tech Trends: New Book Details How Real Estate Agents Can Embrace AI
RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
The company argues the new law (S7882/A1417) represents a challenge to free speech and repeats false claims regarding its revenue management software. Continue Reading RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
Mortgage Rates Decline Ahead of Thanksgiving
The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. Continue Reading Mortgage Rates Decline Ahead of Thanksgiving
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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